Bitdeer is extending its Bhutan infrastructure strategy beyond Bitcoin mining. In a September 16 regulatory filing, the company disclosed a non-binding letter of intent to develop an AI data center in Gelephu Mindfulness City, starting at 30 MW of renewable hydro and solar power with a potential expansion pathway to 500 MW.

According to the filing, the proposed Gelephu project would join a Bhutan footprint where Bitdeer already lists 100 MW at Gedu and 500 MW at Jigmeling. Those existing sites were built around carbon-free Bitcoin mining infrastructure, making the new AI proposal a direct example of mining-developed power expertise being reused for higher-density compute.

30 MW first, with a path to 500 MW

The initial target is 30 MW, but the most consequential number is the potential 500 MW expansion. That would put Gelephu in the same power class as Bitdeer’s existing Jigmeling mining campus. The company has not yet disclosed a GPU platform, rack count, cooling design, customer, construction budget or energization date for Gelephu.

The project is also not yet a final construction commitment. The letter of intent is non-binding. That distinction matters when comparing it with Bitdeer’s contracted 65.1 MW Johor AI expansion, where a 10-year data-center services agreement is already in place.

Bhutan’s unusual position in Bitcoin infrastructure has drawn attention because the Himalayan kingdom combines abundant hydropower with sovereign involvement in mining. A widely circulated snapshot of that strategy highlighted how large Bitcoin reserves and renewable mining became part of the country’s economic story.

Bitcoin mining built the physical foundation

Bitdeer says its Gedu site was established in 2023 with 100 MW of carbon-free capacity, while Jigmeling added a 500 MW large-scale data center project. The company’s data-center inventory describes both as Bhutan operations built around green Bitcoin mining.

That history makes Gelephu different from an AI developer arriving at a greenfield location with no local operating experience. Bitdeer has already dealt with substations, transformers, mining containers, hydro cooling, network connectivity and high-density electrical loads in Bhutan. The challenge is that GPU infrastructure demands tighter redundancy, networking, cooling and service-level performance than a conventional ASIC mine.

The English interview above comes from Natalie Brunell’s Coin Stories channel, which has more than 200,000 subscribers. Bitdeer strategy chief Haris Basit discusses the company’s Bhutan operations, renewable-energy strategy, Bitcoin mining and AI infrastructure directly.

The miner-to-AI shift is becoming physical

BitcoinVersus has tracked the broader movement of mining megawatts toward AI. The Gelephu proposal adds a different version of that trend: instead of merely converting an existing mining building, Bitdeer could apply its mining-developed energy and data-center experience to a purpose-built renewable AI campus.

That approach resembles the strategy behind Cango’s GPU deployment at a Bitcoin mining site, but at a potentially much larger scale. It also fits Bitdeer’s vertically integrated model, which combines mining operations, SEALMINER hardware manufacturing, data-center construction and AI cloud services.

Recent discussion of Bhutan’s mining and Gelephu strategy also illustrates why the country’s compute infrastructure is being watched beyond the mining industry. The important question is no longer simply how much Bitcoin Bhutan-linked facilities can hash, but how renewable megawatts will be allocated between ASICs and GPUs.

Bhutan already has a sovereign Bitcoin story

BitcoinVersus previously documented Bhutan’s large sovereign Bitcoin holdings and the role hydroelectric mining played in building them. Gelephu does not mean that mining is disappearing. Bitdeer’s current site inventory still identifies Gedu and Jigmeling as major carbon-free data-center assets.

Instead, the new proposal shows how the same national advantages that attracted ASICs, especially renewable power and large energy projects, can also attract GPU infrastructure. If the 30 MW first phase moves from LOI to binding development, the next disclosures to watch are the customer, GPU architecture, cooling topology, power-delivery design, capital budget and construction schedule.

A 500 MW pathway is significant, but it is not 500 MW built

The distinction is important. Bitdeer has announced a pathway to as much as 500 MW, not an energized 500 MW AI campus. Today the verified development milestone is a non-binding LOI targeting an initial 30 MW. Treating the expansion ceiling as completed capacity would overstate the project.

If Gelephu advances, however, it would demonstrate something Bitcoin miners have spent years building toward: large renewable-energy relationships, substations and data-center operating experience can become infrastructure for more than SHA-256 hashing.

Sources

• SEC filing: Bitdeer August 2026 production and operations update
• Bitdeer investor relations: August 2026 operations update
• Gelephu Mindfulness City

BitcoinVersus.Tech Editor’s Note

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